Silver is completing the trading week near the 25.44 area. Quotes continue to move within the correction and the upward channel. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the metal and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a minor correction in the value of the asset and a test of the support level near the 22.85 area. Further, the continued growth in the price of Silver with a potential…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of the publication of the forecast, the rate of the Euro to the US Dollar is 1.2079. As part of the Forex forecast for January 22, 2021, we should expect an attempt to develop growth and test…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the bearish “Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3715. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the instrument. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a correction and an upward channel. Moving averages indicate a short-term bullish trend. Prices went up again from the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7755. At the moment, we should expect an attempt to develop a correction and a…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Wedge” pattern. At the time of the publication of the forecast, the US Dollar rate to the Japanese Yen is at 103.59. The moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. pair USD/JPY to the area above the level of 105.35.…
Brent continue to move within the correction and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 55.73 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the area of $ 54.75 per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2623. Moving averages indicate a short-term bearish trend for the pair. Prices broke down the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to develop a decline and a test…
GOLD continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1862 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. However, prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1835 area. Where can we expect a rebound and continued growth in…
Silver continues to move as part of the rally and the formation of the bullish Wolfe Wave pattern. At the time of the publication of the forecast, Silver prices are at $ 25.68. Moving averages indicate the presence of a bearish trend. Prices have broken the area between the signal lines upward, indicating pressure from the buyers of the asset and the potential continuation of growth in value already from the current levels.At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the area…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of a large “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area with signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7195.…